Coin

The liquidity premium of money thus presupposes the existence of the property premium, since money originates as an entitlement to property – that is, to a title and not to goods. This is true not only of money in its present form as a banknote, but also in its earlier form as a coin, which has been a right printed on metal. Wherever we use Keynes' notion of the liquidity premium, we therefore strictly distinguish it from the property premium.

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HEINSOHN, Gunnar and STEIGER, Otto, 1996. Eigentum, Zins und Geld: ungelöste Rätsel der Wirtschaftswissenschaft. Reinbek bei Hamburg: Rowohlt. ISBN 978-3-498-02933-3, p. 20.

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coin | BrE kɔɪn, AmE kɔɪn | A noun Münze (Fem.) (metal money) Münzen Pl., Münzgeld (Neutr.) ▸ in coin in Münzen ▸ the other side of the coin (figurative) die Kehrseite der Medaille ▸ pay sb in his own coin (figurative) jmdm. in or mit gleicher Münze heimzahlen B transitive verb 1 (invent) prägen ‹Wort, Redewendung› ▸ …, to coin a phrase (ironic) …, um mich ganz originell auszudrücken 2 (make) prägen ‹Geld› ▸ coin money (figurative) Geld scheffeln 3 (make into money) münzen ‹Gold, Silber usw.›